📰 NEWS | Trump Administration in Reported Talks for 100-Year Lease of Venezuelan Oil Reserves
The Trump administration is reportedly negotiating long-term access to Venezuelan oilfields in a deal that could involve more than 90 billion barrels of crude across 17 projects.
Axios reported that the agreement could give the US an ownership stake, while Reuters said discussions could involve a lease under which the Trump administration would auction or allocate fields to selected corporations. Bloomberg reported the lease could last as long as 100 years.
The reported negotiations come as the Rodríguez government has fast-tracked reforms opening Venezuela’s oil sector to foreign companies, cutting royalties and taxes and transferring greater control over operations and sales to private firms. Venezuelan oil revenues are also currently deposited in a US Treasury account.
Read the full report here 👉🏾 https://venezuelanalysis.com/news/trump-administration-in-reported-talks-for-100-year-lease-of-venezuelan-oil-reserves/
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Trump Administration in Reported Talks for 100-Year Lease of Venezuelan Oil Reserves - Venezuelanalysis
The purported deal could involve 90 billion barrels, with Trump allocating oilfields to hand-picked corporations.
9August 28, 2026 114 5
